Bankruptcy

John J. Ray III, CEO of FTX Group, has spent huge sums taking the failed exchange through bankruptcy. Is FTX simply that much more complex than Ray's last big unwind - Enron? (Photo by Nathan Howard/Getty Images)
How Much Is Too Much to Spend on FTX's Bankruptcy?
Are Sam Bankman-Fried’s victims being ripped off a second time?
John J. Ray III, CEO of FTX Group, has spent huge sums taking the failed exchange through bankruptcy. Is FTX simply that much more complex than Ray's last big unwind - Enron? (Photo by Nathan Howard/Getty Images)

Celsius filed for bankruptcy in July 2022 (Mustang Joe/Flickr)
Bankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC Talks
The sell-off precedes creditor distributions that will only be made in the two most popular cryptocurrencies.
Celsius filed for bankruptcy in July 2022 (Mustang Joe/Flickr)

John J. Ray III (C-Span)
FTX Customers Have Until End-September to Submit Bankruptcy Claims
Former customers will receive an email containing a link to the Customer Claims Portal.
John J. Ray III (C-Span)

BlockFi creditors say they're paying to improve company staff's golf game (Hebi B/Pixabay)
‘End the Extortion:’ BlockFi Creditors File to Liquidate Estate
Creditors accuse CEO Zac Prince of defrauding customers and the company of “mischief” in delaying a wind-up.
BlockFi creditors say they're paying to improve company staff's golf game (Hebi B/Pixabay)

Three Arrows (QuinceCreative/Pixabay)
Three Arrows Capital Liquidators Seek $1.3B From Bankrupt Hedge Fund's Founders: Bloomberg
The fund founded by Su Zhu and Kyle Davies suffered big losses on the collapse of the Terra ecosystem starting in May 2022 and took on additional leverage despite already bein...
Three Arrows (QuinceCreative/Pixabay)

Sam Bankman-Fried leaves a federal court in Manhattan (Elizabeth Napolitano / CoinDesk)
FTX Bankruptcy Team Says the Exchange Owed Customers $8.7B
Commingling and misuse of customer funds occurred from the start at FTX, says current CEO John J. Ray III, and senior executives knew of the shortfall as early as August 2022.
Sam Bankman-Fried leaves a federal court in Manhattan (Elizabeth Napolitano / CoinDesk)

(Mark Van Scyoc/Shutterstock)
SEC Relinquishes $30M BlockFi Penalty Until Investors Are Repaid
The regulator agreed to forego the payment, owed as part of a settlement of charges against BlockFi, to maximize and speed up payments to investors.
(Mark Van Scyoc/Shutterstock)

FTX’s Bankruptcy Fees on Track to Be 'Very Expensive', Court Examiner Says
FTX’s Bankruptcy Fees on Track to Be 'Very Expensive', Court Examiner Says
The wind-up of crypto exchange FTX is set to be “very expensive by any measure” with professional fees already amounting to over $200 million, a court-appointed examiner said...
FTX’s Bankruptcy Fees on Track to Be 'Very Expensive', Court Examiner Says

Fahrenheit's bid to buy Celsius must still be approved (Mustang Joe/Flickr)
Crypto Lender Celsius Updates Bankruptcy Plan After Fahrenheit Deal
The plan, filed on Thursday, could face legal opposition from borrowers.
Fahrenheit's bid to buy Celsius must still be approved (Mustang Joe/Flickr)

(Marco Verch/Flickr)
Bankrupt Crypto Exchange Bittrex U.S. Set to Allow Withdrawals Starting Thursday
The move follows a Tuesday ruling from a Delaware court.
(Marco Verch/Flickr)